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off some things there. a bank. a maybe some energy rights. that has got a lot of folks in the west as you imagine, martha, very nervous. martha: they would love to get their hands on some of the oil in the area. what about the banks, what would the impact be on the banks and these account holders in them? >> reporter: that's what makes this all very nerve-wracking for a lot of folks especially people on the island that we are talking to. the atms are still working to some extent. you can get some money out of those. the bank cards are working as well but the banks themselves, they are closed. they were supposed to open tomorrow. looks like that is not going to happen. maybe not friday. maybe not until next week. when they do open they might limit the amount of money that folks can take out of those banks, all trying to prevent a run on those banks. the big worry, martha, of course is contagion. that there could be fears in other european countries the same kind of thing could happen there and there could be runs on those banks. so far, european union officials are relieved that the
do? this they want the russians coming in and seizing control of a big chunk of energy right in the center of europe? it is possible they will come in and say, you voted know on the bank seizure, maybe we'll give you a whole ton of cash anyway so you don't collapse and we'll keep the russians out. that is the kind of international intrigue going on right as we speak, martha. martha: yeah. >> one second. it is possible there will be a yes vote and those bank deposits will be seized. if that happened the russians would be mightily displeased because it is their money that will go to bailout and be seized for the bailout of cyprus. martha: stuart what's your feeling which way this would go? >> i think it will be a no vote and i think there's a real crunch --. martha: no to the bailout. what do they say to russia? >> in the long run, what do they say to russia. there is all this $30 billion of hot russian money in cyprus banks, some of it could be seized. on the other hand there is this offer, hey, don't worry about it. we'll bail you out, just give us oil and gas. does europe wa
of iran can get inside iran, take control of the computer, and shut it down at their energy facilities. martha: that would be helpful. >> it would be helpful, but also remember that they can do that to us. they can take over your atm and suddenly all your digital records are gone. it's a serious problem. energy, transportation, everything is computerized. martha: it reminds me so much of growing up in the cold war years. it's as if we're at a mutually insured destruction stage of all of this. we look at them and say, we can do it to you. and they look at us and say, we could do it to you too. do we know who is more powerful at this stage? >> this e battle has been going on for so long in secret that i'm not sure that we do. one thing that we do know is that silicon valley and our american technological advancements have the ability to take down the firewall. you know the berlin wall of digital able, really, in china in north korea, in cuba, and iran. we have the ability to do it. right now there is this global internet software, where if you're in iran and you want to get around your f
is the mood there today, lauren, hello? >> reporter: hello to you. there is a lot of energy in rome. i have to pick up the papers. this is what you see when you pick up the papers. the new pope is on front page of precht every paper. this is the pope of the poor. he indeed a simple and humble man. you saw he left the vatican to go to st. mary basilica. in a simple black car, not the popemobile. to pray at the st. mary basilica. he has a particular devotion to the mary. and, that is what he told the crowd last night. they packed into the st. peter's square, rain soaked but they didn't seem to mind. they saw their first view of the new pope. even his appearance signaled something was different. he wore the simple white cassock, the skullcap. he did not wear the papal red, elbow length cape with fur lined. everything about him signaled something different. people they just didn't care. they wanted to see him. take a listen. >> it was amazing. it was very emotional. i'm catholic, and so this was a dream come true, you know, for me and for my family and so it was amazing to be here. we were righ
in plans down to 30, believing that this area was not really a threat and we should focus our energies elsewhere now they are saying maybe that wasn't a good idea. >> right it seems very clear it was a miscalculation. i think some of us at the time sensed it was. what they misdiagnosed, was the nature of what was happening in the region, in terms of what a heavily sanctioned country, determined to acquire these capabilities would be able to do. i think it was also driven by a broader ideology that was ow opposed to missile defense. perhaps missile defense has now bipartisan support. martha: i was immediately reminded of our posture in eastern european it raises the question about the administration. has there foreign policy made us somewhat more vulnerable, that is one of the questions that i want to ask you, and sort of what has the reaction of world powers been to that? >> right, i think that the example of flexibility already given towards russia early in the administration of pulling back on our commitment to missile offense in eastern europe was a similar miscalculation. it was no
Search Results 0 to 4 of about 5